Rinders LaneKorong Vale VIC 3520
Property Details for Lot 18 Rinders Lane, Korong Vale
Last Listing description (April 2020)
* 6 lots of vacant land being sold as one 5,276m parcel.
* 3 lots Zoned Township and 3 lots Zoned Farming.
* Water connected to the block and power across the front of the property.
* An easy walk to the iconic Skully's Hotel and the bus stop.
* Only 10 minutes to Wedderburn and 50 minutes to Bendigo.
Located just off the main street of Korong Vale, this block of land is ideally situated to provide a quiet place to build your dream home. It has plenty of space for shedding, paddocks and some chooks, a pony and a puppy.
Township zoning provides an opportunity for residential, commercial or industrial construction and farming zone allows sheds to be built.
Therefore the sale of this property, as 1 parcel, presents a very large block that caters for a comfortable rural living.
Strong recent house and land sales in Korong Vale are seeing this small rural town buzz, with new arrivals and this site would make a great place for your new investment.
Korong Vale is located approximately 20 minutes from Boort and Wedderburn Towns. Korong Vale is a quiet town with a hotel and great Thai food. The bus passes through regularly to Bendigo and surrounding towns.
Property History for Lot 18 Rinders Lane, Korong Vale, VIC 3520
- 08 Jan 2021Sold for $15,000
- 22 Jun 2020Sold for $17,000
- 01 Jun 2020Sold for $17,000
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About Korong Vale 3520
The size of Korong Vale is approximately 27.3 square kilometres. It has 3 parks covering nearly 3.5% of total area. The population of Korong Vale in 2011 was 248 people. By 2016 the population was 154 showing a population decline of 37.9% in the area during that time. The predominant age group in Korong Vale is 50-59 years. Households in Korong Vale are primarily childless couples and are likely to be repaying $300 - $449 per month on mortgage repayments. In general, people in Korong Vale work in a managers occupation. In 2011, 88.2% of the homes in Korong Vale were owner-occupied compared with 79.8% in 2016.
Korong Vale has 208 properties. Over the last 5 years, Houses in Korong Vale have seen a 47.27% increase in median value. As at 31 October 2024:
- The median value for Houses in Korong Vale is $226,510.
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